11

CLASS A OFFICENOW PRE-LEASING

OVATION DEVELOPMENT200 West 3rd StreetNewport, Kentucky

The Premier Development Opportunity in the Midwest

The stage is set and the curtain is rising.

Come be a part of it!

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Ovation Riverfront View

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Building Signage Available for Anchor Tenant

COMING FALL 2021100,000 SF

CLASS A OFFICE

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Ovation Offi ce Building & Street-Level Retail

The latest addition to the

OVATION development

comprised of a hotel and

offi ce building are now in

the fi nal stages of design

and development.

The southernmost

building being a hotel

and northernmost being

a 100,000 square foot

Class A offi ce building

with unique signage

opportunities and street

level retail. A parking

garage directly below

will offer 570 spaces.

NOW PRE-LEASING50,000 – 100,000 SF

The hotel, a 125-room

Homewood Suites

by Hilton will feature

select suites with skyline

views, expanded

fi tness area, and two

bars – one located on

the rooftop and the

other at plaza level.

6 Ovation Aerial – Concert Venue, Office & Hotel

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Ovation Offi ce & Hotel

Panoramic View of Cincinnati Skyline from Ovation Site

PROJECT OVERVIEW

• 942 Residential Units

• 3 Hotels consisting of up to 524 rooms

• 1,000,000 square feet of offi ce space

• 380,000 square feet of entertainment/retail

• 2,700 structured parking spaces

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9

OHIO RIVER

LIC

KIN

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IVER

CINCINNATI

COVINGTON

NEWPORT

STATUS OFCURRENT DEVELOPMENT

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The overall Ovation development consists of 25 acres of land in Newport, Kentucky,

at the southeast intersection of the Ohio and Licking Rivers. This site is one of the most

phenomenal development opportunities in the Midwest. Bounded by the two rivers, the property

has breathtaking views of the Cincinnati skyline and the surrounding bridges and riverfront

amenities. The site is within short walking distance of Newport on the Levee, the Cincinnati

Central Business District, the Bengals’ Stadium, the Reds’ Stadium and the Heritage Bank Center.

The Master Developer commenced construction on Phase I of the development in July of

2019. Phase I consists of a 570-car parking garage on the western most edge of the site.

Atop this parking structure will be three air lots that will house the AEG / PromoWest Music

Venue, a 125-room hotel, and an offi ce building. Slated for completion in December of

2020, the AEG/PromoWest Music Venue will be the nation’s premier, mid-sized live music

venue. Featuring an innovative reversible indoor-outdoor stage design, the venue will

be capable of accommodating 2,700 fans for indoor shows and up to 7,000 for outdoor,

lawn performances. This state-of-the-art structure will host over 180 events per year, attract

mainstream talent, and serve as the music venue for acts visiting the Cincinnati area. Typical

concerts will be evening events and will drive considerable traffi c to the restaurants, bars,

and other retail shops throughout the development via a short walk down the pedestrian

only road dubbed “Broadway” to convey its signifi cance as the development’s central hub.

“The Ovation development is exciting on many levels. At its core, it represents a marriage between a fi rst-class developer and a fi rst-class content provider and venue operator. The venue design and capabilities fi ll a void in the market and are a natural fi t with our venues in Columbus and Pittsburgh as well as other properties we own or operate in Cleveland and Detroit. We look forward to working with the Corporex team to make this venue a reality.”

– Shawn Trell, Chief Operating Offi cer for AEG Presents

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AEG / PromoWest Music Venue“The Newport location provides AEG/PromoWest the perfect opportunity to expand our Midwest presence to the Cincinnati marketplace. We intend to bring many of the same groups that play at our EXPRESS LIVE! in Columbus, Ohio, and STAGE AE in Pittsburgh, Penn. to Greater Cincinnati.”

– Scott Stienecker, President/CEO PromoWest Productions, Inc.

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Ovation Concert Venue Construction June 2020

STATUS OFCURRENT DEVELOPMENT

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Phase II consisting of an office building and hotel will sit atop a 570-car parking garage podium. We are in the final stages of construction on the podium, which will be completed and ready for vertical construction within the next 60 days.

Click here to see a timelapse video of the construction of the parking garage and music venue.

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OVATION AREA AMENITIES

RESTAURANTS

R1 Newport on the Levee – Bridgeview Box Park (The Little Spoon Bakery, Wooden Cask Brewing, Bon Mi Street, Leaf & Limb, Second Sight Spirits, Kon Tiki, Ché on Wheels) Brio, Five Guys, Tom & Chee

R2 Newport Area – Hofbrauhaus, Strong’s Pizzeria, Pompilios, Carabello Coffee

R3 The Banks – Ruth’s Chris Steakhouse, Taste of Belgium, Tin Roof, Yard House, BurgerFi, Condado Tacos, Fishbowl, Galla Park, Holy Grail, Jefferson Social, Joella’s Hot Chicken, Moerlein Lager House, Pies & Pints, Riverfront – Montgomery Inn Boathouse

R4 RiverCenter/Covington – Butler’s Pantry, The Kitchen, FIRE, The Metropolitan Club, The Gruff, Smoke Justis, Blinkers, Keystone Bar & Grill

R5 Covington Area – House of Orange Sports Bar & Grill, Covington Yard (Food Hall Coming 2020, Shipping Container Restaurants with Communal Tables), Coppins

R6 MainStrasse Village/Covington – Spoon Kitchen & Market, Bouquet Restaurant, Otto’s, Dee Felice Café, Lisse Steakhuis, Cock & Bull Public House, Frida 602, Goodfellas Pizzeria/Wiseguy Lounge, Commonwealth Bistro, Bean Haus Coffee Shop & Bakery

HOTELS

H1 Ovation Area – Homewood Suites (Coming 2021), Hampton Inn & Suites

H2 Newport on the Levee – Aloft

H3 The Banks – AC Hotel by Marriott

H4 RiverCenter/Covington – Embassy Suites, Marriott

ENTERTAINMENT

E1 Newport on the Levee – Newport Aquarium, AMC Theatre, Rotolo Bowling | Bocce | Eatery, Gameworks, Newport Riverfront – B&B Riverboats

E2 The Banks – Paul Brown Stadium, Great American Ballpark, Heritage Bank Center, National Underground Railroad Freedom Center, Smale Park, SkyStar Wheel, Carol Ann’s Carousel

E3 Ovation – Concert Venue

EASY ACCESS & WALKABILITYSouthBank Shuttle Trolley Route – The SouthBank Shutt le Trolley off ers service every 15 minutes to Riverfront att racti ons, arts, sports, shopping and more in downtown Cincinnati , Covington, Newport, and Bellevue

RiverFront Commons – An uninterrupted trail system that runs for more than 11 miles through Ludlow to Fort Thomas along the Southbank of the Ohio River. About one-half of the trail system is now complete, with new secti ons and features coming online every year

Purple People Bridge – Pedestrian-only bridge that stretches across the Ohio River, connecti ng Newport, KY to downtown Cincinnati and to trails along the river in both states.

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Ovation Broadway Scene

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Ovation Riverfront Walkway

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Brett LoweryManager, Sales & Leasing

blowery@corporex.com 859.292.5548

Alex Birdsall Leasing Associate

abirdsall@corporex.com 859.292.5557

100 E. RiverCenter Blvd., Suite 1100Covington, KY 41011

www.corporex.com